Driverless car technology could cost a person between £1 and £1.5k a year, according to a new study.
A new study by consultancy firm Citi suggests that the cost of a driverless car would be around £1 a year per person.
That’s a steep price tag, but it’s a much cheaper than the £2,500-£3,000 per year cost that some governments are demanding of electric vehicles.
Citi’s analysis was carried out over five years, from 2013 to 2020.
It found that the price per person for a new car would depend on the type of vehicle, the number of occupants, the age of the driver, the cost and location of the car.
In the case of a single occupant, a driver would be expected to drive the car for a minimum of four hours per week, with a minimum amount of time spent driving the car being between 40 minutes and two hours.
In a car with up to three occupants, it would be about three hours per person per week.
In addition to the cost, the study found that people with a driver’s licence would be able to use it to access public transport and access parking for a short time.
The researchers also calculated that the average cost of an autonomous vehicle would be between £6,500 and £12,500.
However, the costs associated with an electric vehicle could be higher, as the cost to maintain the vehicle and its sensors would be higher than the cost associated with a conventional vehicle.
This is likely to mean that an electric car is cheaper to operate than a conventional car, the report found.
In fact, the average operating cost for an electric driverless vehicle is around £6 per hour, compared to the £15 per hour cost of conventional cars.
The costs associated on the other hand with a new electric car could be much higher, with the average annual operating cost of the Tesla Model 3 Model S electric car being around £9,000.
However the study also found that drivers in the UK would be less likely to drive in an electric or autonomous vehicle than drivers in Europe, which could mean that the costs would vary considerably between regions.
A spokesman for the government said: “The costs for driving are going to vary across different countries and depending on where you live.
However, we are committed to working with the private sector to develop the technology needed to get a safe, reliable, affordable and environmentally friendly vehicle on the roads.”